Unlock Premium for Just $9.99/Month – Special Launch Offer, Limited Time Only
Get Premium
IRT Independence Realty Trust Inc
- Stocks
- Real Estate
- NYSE: IRT
Price (delayed)
$19.305
Market cap
$4.51B
P/E Ratio
148.5
Dividend/share
$0.64
EPS
$0.13
Enterprise value
$6.72B
Independence Realty Trust is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh and Tampa. IRT's investment
Highlights
Independence Realty Trust's debt has decreased by 3.4% from the previous quarter
IRT's price to earnings (P/E) is 120% higher than its 5-year quarterly average of 66.7
The EPS has contracted by 24% from the previous quarter
Key stats
What are the main financial stats of IRT
Market
Valuations
Earnings
Shares outstanding
233.78M
Market cap
$4.51B
Enterprise value
$6.72B
Price to earnings (P/E)
148.5
Price to book (P/B)
1.29
Price to sales (P/S)
6.95
EV/EBIT
64.02
EV/EBITDA
20.31
EV/Sales
10.49
Revenue
$640.74M
Gross profit
$375.61M
Operating income
$123.97M
Net income
$30.07M
EBIT
$104.96M
EBITDA
$330.81M
Free cash flow
$316.88M
Per share
Balance sheet
Liquidity
EPS
$0.13
EPS diluted
$0.13
Free cash flow per share
$1.37
Book value per share
$14.96
Revenue per share
$2.78
TBVPS
$25.92
Total assets
$5.98B
Total liabilities
$2.4B
Debt
$2.25B
Equity
$3.46B
Working capital
N/A
Debt to equity
0.65
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.67
Margins
Efficiency
Dividend
EBITDA margin
51.6%
Gross margin
58.6%
Net margin
4.7%
Operating margin
19.3%
Return on assets
0.5%
Return on equity
0.9%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
16.4%
Dividend yield
3.32%
DPS
$0.64
Payout ratio
492.3%
IRT stock price
How has the Independence Realty Trust stock price performed over time
Intraday
1.02%
1 week
-0.95%
1 month
5.95%
1 year
14.57%
YTD
-2.7%
QTD
-9.07%
Financial performance
How have Independence Realty Trust's revenue and profit performed over time
Revenue
$640.74M
Gross profit
$375.61M
Operating income
$123.97M
Net income
$30.07M
Gross margin
58.6%
Net margin
4.7%
IRT's net income is down by 23% since the previous quarter
Independence Realty Trust's net margin has decreased by 23% from the previous quarter
Independence Realty Trust's operating income has decreased by 12% YoY
Independence Realty Trust's operating margin has decreased by 10% YoY
Price vs fundamentals
How does IRT's price correlate with its fundamentals
Growth
What is Independence Realty Trust's growth rate over time
Valuation
What is Independence Realty Trust stock price valuation
P/E
148.5
P/B
1.29
P/S
6.95
EV/EBIT
64.02
EV/EBITDA
20.31
EV/Sales
10.49
IRT's price to earnings (P/E) is 120% higher than its 5-year quarterly average of 66.7
The EPS has contracted by 24% from the previous quarter
The P/B is 9% less than the 5-year quarterly average of 1.4
IRT's price to sales (P/S) is 7% lower than its 5-year quarterly average of 7.4
The revenue is down by 2.9% year-on-year
Efficiency
How efficient is Independence Realty Trust business performance
Independence Realty Trust's return on invested capital has increased by 44% YoY but it has decreased by 7% QoQ
The ROS has grown by 36% YoY but it has contracted by 9% from the previous quarter
IRT's ROA is down by 29% since the previous quarter
IRT's return on equity is down by 25% since the previous quarter
Dividends
What is IRT's dividend history
DPS
$0.64
Dividend yield
3.32%
Payout ratio
492.3%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Independence Realty Trust financials performed over time
Independence Realty Trust's total assets is 150% more than its total liabilities
Independence Realty Trust's total liabilities has decreased by 3.5% QoQ
Independence Realty Trust's debt is 35% less than its equity
IRT's debt to equity is down by 4.4% from the previous quarter and by 3% YoY
Independence Realty Trust's debt has decreased by 3.4% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.